Spot GBPUSD sits at major confluence and multi-year Fib support but could be strong-armed by its overarching downtrend. Meanwhile, spot EURGBP upward momentum appears to be waning.
AUDUSD triggered one of the most recognizable reversal patterns in the technical scales this past week: an inverse head-and-shoulders pattern. But is this a spark that can truly catch fire in otherwi...
With US stocks teetering around all-time highs, volatility derived from earnings season could see the major markets fluctuate between key areas. Here are the levels to watch.
GBP/USD & EUR/GBP Price Chart Outlook: Flagging at Confluence
Spot GBPUSD sits at major confluence and multi-year Fib support but could be strong-armed by its overarching downtrend. Meanwhile, spot EURGBP upward momentum appears to be waning.
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Australian Dollar: Is This a True Bullish Reversal?
AUDUSD triggered one of the most recognizable reversal patterns in the technical scales this past week: an inverse head-and-shoulders pattern. But is this a spark that can truly catch fire in otherwi...Continue Reading
Dow Jones, Nasdaq 100, DAX 30, FTSE 100 Technical Forecast
With US stocks teetering around all-time highs, volatility derived from earnings season could see the major markets fluctuate between key areas. Here are the levels to watch.
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Euro Price Chart: EUR/USD Holding Multi-year Trend Support
Euro has been testing multi-year slope support since April and leaves bears vulnerable while above 1.1186. Here are the levels that matter on the EUR/USD weekly chart.
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Gold Price Technical Forecast: Trading Bias to Remain Higher
Gold pushed higher last week, keeping the trading bias pointed higher; may be some stop-and-go behavior but longs should have a favorable tailwind.
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Silver Price Forecast: Uptrend May Continue Towards New Multi-Month High
This week Silver soared and printed its highest level in over nearly 13 months. Here are the levels buyer need to consider to keep pushing the price higher
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USDCAD, GBPUSD, EURJPY & More – Charts to Watch Next Week
Looking ahead to next week, there aren't a lot of high conviction charts, but a few developments worth monitoring.
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Canadian Dollar Price Outlook: USD/CAD Looks to Accelerate the Downtrend Move
USD/CAD bearish move slowed down significantly this week. Here are the levels the sellers need to clear to continue pressing the price lower.
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NZDUSD Technical Analysis: 2-Year Downtrend Ready to be Broken?
The New Zealand Dollar rises to three-month high, taking aim two-year trend resistance. RSI divergence warns that a breakout may not be in the cards however.
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US Dollar Price Action Setups in EUR/USD, GBP/USD, USD/CAD, AUD/USD
The US Dollar will likely remain center-stage as the Federal Reserve's first rate cut in over a decade is expected in less than two weeks.
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Gold Price Chart: XAU/USD Approaching Range Highs– Battle Lines Drawn
Gold prices are approaching the upper bounds of a multi-month consolidation pattern. Here are the levels that matter on the XAU/USD charts into the close of the week.
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US Dollar Chart Looks Geared Up for Higher Prices
The USD index price action contraction is set to lead to a move soon; there are factors to watch which help determine direction.
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Pound Sterling Outlook: GBP/JPY Price Printing New Multi-Month Low
At the start of this week, bearish momentum continued after nearly one month of sideways movement. Here are the key levels GBP/JPY sellers need to consider if the pair are to test their yearly support
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Turkish Lira Price Forecast: USD/TRY Eying a Test of the Weekly Low
Last week USD/TRY corrected higher then started a sideways move. Here are the key chart points traders may need to consider to move in a clear direction
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USD/CHF, EUR/CHF Price Outlook: Euro and US Dollar Rebound against Swiss Franc
EUR/CHF and USD/CHF may start to recover last week losses. Here are the key levels buyers may need to consider to lead the price.
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AUDUSD Technical Analysis: Double Top Forming Below 0.7050?
The Australian Dollar may be ready to turn lower against its US counterpart in earnest as technical positioning hints that a double top is taking shape below 0.7050.
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Platinum Price Outlook: Buyers Push Towards Two-Month High
Last week Platinum rallied moving the price to the next trading zone nonetheless, buyers need to consider those chart points to dominate.
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Market Sentiment Neutral Ahead of US Earnings, Rate Decision | Webinar
Traders are largely staying on the sidelines, waiting for economic data, US corporate earnings and the US interest rate decision at the end of the month.
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USD/CAD Price Forecast: US Dollar Fall Against Canadian Slows Down
On Friday USD/CAD downtrend resumed leading the price, however with less momentum. Here are the most significant levels the pair may encounter in the few coming days.
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Copper Price Analysis: Uptrend May Be on Course - 6,088 Remains Key
Last week Copper sellers failed in their third attempt to test the yearly support. Here are the key technical levels the price may be looking to test this week
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Weekly Technical Forecast: S&P 500 Closes at Record High, Gold Stalls, Dollar Breakouts Fail
We opened this past week to broad rally – for equities, gold and the US Dollar. Yet, by the Friday close, only one of those assets was still under the bulls’ control. Will indices like the...Continue Reading
Euro Price Forecast: EUR/JPY Struggles to Move in a Clear Direction- How Could This Change
At the start of July EUR/JPY stuck in a sideways move creating lower highs with higher lows. Here are the significant levels traders may consider this week.
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Weekly Technical Forecast: S&P 500 Closes at Record High, Gold Stalls, Dollar Breakouts Fail
We opened this past week to broad rally – for equities, gold and the US Dollar. Yet, by the Friday close, only one of those assets was still under the bulls’ control. Will indices like the...Continue Reading
Dollar Faces Plenty of Volatility, But Clear Trend is Another Matter…
The Dollar’s recovery attempt came to an abrupt halt this past week following heavily-circulated Fed headlines. Now imbued with greater volatility in news fixation, what can we expect from actu...Continue Reading
